What is entrepreneurship?

References: Mohamed Dahlan Ibrahim, Ph.D

•The entrepreneur searches for change, responds to it, and exploits it as an opportunity. Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service (Drucker, 1985)


•Creating the “New” and destroying the “Old”
–New knowledge
–New products
–New processes
–New services
–New markets
–New business models
–New raw materials